As part of the deal, RGS will design, install, monitor and maintain the solar power systems, while planning to start the construction in 2014 summer and complete it by November.
The company will design solar power systems to generate around 5.3 million kilowatt hours of electricity, on an annual basis.
Green Lantern Capital’s founder and managing partner Luke Shullenberger said the new projects will help in reducing the energy costs of municipalities, schools and businesses.
"We partnered with RGS Energy, a pioneering solar company in the country, because of the best practices they have developed around quality and safety through their extensive experience building similar projects in Vermont and elsewhere," Shullenberger added.
RGS Energy general manager Tim Seamans said, "We have very deep solar roots in the Northeast, especially in Vermont where we have successfully installed more than 10 megawatts of solar, more than any other company."
